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CNN
Dec 29, 2012 10:00am PST
have to get onto the house floor. why would speaker boehner put it on the house floor? that's not in his interest. no republicans want that. so it's never going to happen politically. so when he calls for it to happen, he's simply telling the american public look -- these republicans are obstructing an idea. it gives him the potential to eventually make the argument that republicans obstruct an idea that he thinks could win and republicans will say well that's ridiculous because we object to it on principle and that's why we're objecting to it procedurally. does that make sense? >> jessica, stay there. thanks for your explanation. i want to bring in the rest of our panel. ken rogoff, harvard university, former chief economist at the international monetary fund, annie lowry an economic policy reporter for "the new york times." steven moore, editorial writer for "the wall street journal." ken, you tear financial crisis guru here. forget the politics. just give us the math. if washington fails to avert the cliff, the worst-case scenario will be the combination of tax hikes and
CNN
Dec 30, 2012 12:00pm PST
. that was in the context of a big deal with speaker boehner. now we're talking about the mini deal. the patch to get us through the new year. so democrats argue that this doesn't even have the votes to pass the house and the senate as dana says, it's a quote poison pill in the eyes of the democrats. we can continue to discuss that. i just want to bring awe little bit of news, if i may. while this all is as you put it, i think in very clearly, quote, disgusting and everything is moving very slowly. there is one potential glimmer of light. and that is, that senate minority leader, of the republican, mitch mcconnell and vice president biden have spoken. they've spoken twice. and the two of them have a history of cutting deals together. they were able to cobble together the debt deal that got us through the debt negotiations and kept the country from defaulting back in the summer of 2011. does this mean it will happen again? no. but it at least means there is a line of communication open between democrats and senior democrat and republican and the possibility that who knows, maybe there could be a path for
Search Results 0 to 1 of about 2